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Bitcoin price crosses $30,000, cryptocurrency market continues previous year's momentum into 2021

Shortpedia

Content Team
Image Credit: shortpedia

Bitcoin prices peaked to another high on Saturday, as the rates crossed the landmark $30,000. The surge in rate signals the ongoing momentum of cryptocurrency market, which saw significant investment in second half of year 2020. Analysts foresee a further increase in the virtual currency prices in the weeks to come. By the time this report was published, a unit of bitcoin was trading at US $30,672.80.